Medtronic Is Diving Into the Robotic-Assisted Surgery Market. Can It Compete With the Industry Leader?
The medical-device giant is positioning its Hugo RAS system to compete with Intuitive Surgical's da Vinci systems.Did you know that over 4.9 trillion healthcare expenditure in 2023 went to hospitals? You can add up all the spending on physician and clinical services and prescription drugs, and it's still less than we spend on hospitals.Over the past 25 years, hospitals have been learning they can retain more profit from the surgical procedures they perform if they first invest in ...